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20120924
20121002
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's the issue with 2011 here? >> well, look, obama has said i'm going to tax rich people and implying he's not going to tax you. in fact, he passed tax increases on average income americans many many times during his presidency. there are 20 different taxes in obama care that we will all be paying. in addition to that, of course obama's new promise that he won't tax rich people, he's got a new term limit on it, 12 months. only next year, after that we could have a vat or other things. so if you are obama and you intend to allow the bush tax cuts to lapse, so there's a 500 billion dollars tax increase on low income people, middle income people, all americans, you want to talk about anything other than the tax increases that you have scheduled. i mean he's running up trillions of dollars of debt over the next deca decade, according to his budgets. the only way he pays for them since he's not cutting spending is to raise taxes on everyone. what do they want to do? oh gee what did romney pay in taxes four or five years ago? that has nothing to do with anything. we ought to be reducing taxes
harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn't teach me how computers work. bem caught me. rockefeller's oil company taught people how to drill for oil and gas and the third thing that strikes me that's not going to work. he w
, thanks so much. president obama and mitt romney are getting ready for their first debate this wednesday. some conservatives say mitt romney needs a to do a better job selling his tax message which at times seems a little bit muddied. lou dobbs is here to weigh in. i think that was generous. >> very generous. by the way same can be said and should be said of president obama. what these two men are doing, in their economic policies, excuse me, is truly bizarre. they're both obfuscating a bit. to what end, one doesn't know. when you try to win election, seems to me, and i have only covered six presidents but i think it is better if you're clear and direct as you can be with the voter if you want them to vote for you. that is just my feeling. melissa: yeah. >> unless you've got a record a little like mr. obama where you don't need them to focus in quite so sharply on your record, maybe a little fuzz is good. when you were the guy coming at him, you better be sharp and focused and neither man is, i think entirely achieving his goals. melissa: the president, so much of his campaign focused on
offered a plan, president obama hasn't done any of that. he disavowed bowles simpson and offered all the it i haves -- alternative plans. the even bowles simpson, it didn't address the primary driver of our debt. health care programs. starting going bankrupt. i don't want a pass a bill to fix the fiscal crisis when i know it doesn't fix the fiscal crisis. >> neil: he's saying it didn't go far enough. charles payne, ben stein, dagen mcdowell and adam lashinsky and charlie gasperino. >> i think it was a good place to start, to ryan's point, it was with respect to social security or medical spending, you know, and the ideal spending cap. if we adhere to spending caps we wouldn't be in this position in the first place, so i take his point although i think it would have been a good starting point for everyone to say, okay, let's start with this and then go from there. ben stein? >> we've gotten ourselves into a such a deep hole and everyone wants to avoid tax, tax, tax, we can't. yes, they've got it cut it, and going to have to do financials, we don't want to do it, we've got to. >> neil:
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